Lecture Financial markets and institutions: Chapter 4 - Anthony Saunders, Marcia Millon Cornett
Lecture Financial markets and institutions: Chapter 4 - Anthony Saunders, Marcia Millon Cornett
Chapter 4 - The Federal reserve system, monetary policy, and interest rates. This chapter described the Federal Reserve System in the United States. The Federal Reserve is the central bank charged with conducting monetary policy, supervising and regulating depository institutions, maintaining the stability of the financial system, and providing specific financial services to the U.S. government, the public, and financial institutions.